1)I applied 2 moving averages on prices which have 5 period(red one) 20 period(green one) have cut each other and we got buy sign this week because we had to wait at the end of this week's closing candlestick on prices.
2) Also i have drawn resistance lines on prices and they have been broken this week with green candlestick. This is another buy sign.
3) RSI indicator has broken its resistance line this week and it will increase soon in my opinion. Also its 2 moving averages which are purple and green have cut each other.
4) Momentum has broken its resistance line this week. Also i applied SMA(8 period) on Momentum indicator. Momentum cut above its moving average and it is another buy sign.
5) MACD lost its strong down trend power as you saw. As i showed you on indicator, red bars are going sideways not going down showed us maybe reversal trend can occur.
2) Also i have drawn resistance lines on prices and they have been broken this week with green candlestick. This is another buy sign.
3) RSI indicator has broken its resistance line this week and it will increase soon in my opinion. Also its 2 moving averages which are purple and green have cut each other.
4) Momentum has broken its resistance line this week. Also i applied SMA(8 period) on Momentum indicator. Momentum cut above its moving average and it is another buy sign.
5) MACD lost its strong down trend power as you saw. As i showed you on indicator, red bars are going sideways not going down showed us maybe reversal trend can occur.
ملاحظة
Yeah I shared my idea very long time ago and resistance lines have been broken but new ones happened. I drew again and i uploaded my idea! Descending Triangle Chart Pattern has occurred on Momentum and Support line was broken 2 weeks ago. It will decrease more.
ملاحظة
Monthly Chart!
ملاحظة
2 days ago i wrote sth wrong in my analysis. Falling Wedge on Momentum not Descending Triangle!ملاحظة
MACD broke its resistance line in daily chart! I drew support line under CCI lines.
ملاحظة
Weekly Chart first resistance line of RSI was broken last week. Wait for second one!
ملاحظة
Daily Chart +DI and RSI broke its resistance line last week.
ملاحظة
CCI broke its resistance line this week but wait for RSI and Momentum! Buying can be dangerous! It is risky!
ملاحظة
Support line of CCI and RSI was broken this week in daily chart!
ملاحظة
Monthly Chart. +DI broke resistance line at the end of this month.
ملاحظة
Weekly Chart! CCI broke support line!
ملاحظة
Weekly Chart! Momentum broke support line!
ملاحظة
Daily Chart! MACD broke first resistance line but there is symmetrical triangle. RSI and +DI broke resistance lines.
ملاحظة
Weekly Chart! Momentum broke resistance line!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.